Ebiquity (AIM:EBQ) reported revenue for the year ended 31 December 2025 of £73.4m, down 4% from 2024, with adjusted operating profit down £3.3m to £4.6m and adjusted operating margin narrowing to 6.3% (2024: 10.3%).
Performance was mixed by region: UK & Ireland held up while North America and parts of continental Europe and APAC lagged. Contract Compliance grew 7%, underscoring demand for governance services. Statutory operating loss was £8.6m, driven by a non‑cash goodwill and intangibles impairment of £10m in North America.
Cash generation improved: adjusted cash from operations rose to £12.8m (2024: £9.6m), free cash flow turned positive at £3.1m (2024: £(2.6)m) and net debt fell £2.5m to £13.1m at year end.
Management carried out a root‑and‑branch reset in 2025 — new CFO, regional MDs, a COO and a Chief Marketing Effectiveness Officer were appointed, and a Staff Cost to Profit Conversion KPI was embedded into 2026 budgeting. AI and proprietary tools were deployed at scale; ERAbot was used by over three quarters of staff by the end of FY25 and management says adoption has since risen.
"The changes we have implemented in 2025, across leadership, operations, technology and market positioning, provide tangible evidence of our execution capability and position us well for a return to growth," said Ruben Schreurs, Chief Executive Officer.
Ebiquity (AIM:EBQ) said Q1 has started "encouragingly" with secured marketing‑effectiveness engagements totalling more than £10m over three years; the company will update investors at a capital markets day on 29 June.
